XBP Global Holdings, Inc. announced a 1-for-10 reverse stock split of its common stock.
The reverse split will become effective on December 12, 2025, and trading on a split-adjusted basis will start on December 15, 2025.
Stockholders will receive cash for fractional shares and warrants, options, and other securities will be adjusted proportionately.
Reverse Stock Split
Approved 1-for-10 reverse stock split to consolidate common stock shares.
Impact on Stockholders
Stockholders to receive cash for fractional shares due to the reverse split.
Adjusted Securities
Warrants, options, and other derivative securities to be adjusted proportionately.
- XBP Global's reverse stock split aims to streamline its common stock structure and reduce outstanding shares.
- Stockholders will benefit from simplified stock ownership and adjustments in securities.
The reverse stock split decision by XBP Global Holdings, Inc. reflects the company's strategic approach to optimize its common stock structure and enhance shareholder value.